Hyderabad, 10th August 2022: IKF Home Finance one of the leading new-age Housing Finance companies in the affordable housing space in the country has today launched its 50th Branch at Kompally, Hyderabad. As part of their aggressive business expansion plans, the new branch promises to cater to the growing demand of affordable housing units around Kompally which is a hub to many small industries and retail trading units. Smt. Mothe Srilatha Shoban Reddy, Deputy Mayor – Greater Hyderabad Municipal Corporation inaugurated this new branch along with, Smt. Vasantha Lakshmi, Managing Director – IKF Home Finance Limited and Shri. S Aryendra Kumar, Executive Director & Chief Executive Officer, IKF Home Finance Limited, in the auspicious presence of Guest of Honour Mr Radhe Shyam Garg, Independent Director, IKF Home Finance & Former Executive Director , National Housing Bank.
IKF Home Finance through this branch would be servicing a wide segment of customers who are in small businesses and employees working for industrial and Private units. The dominant catchment areas that the branch would be serving would-be employees and business people in and around Jeedimatla, Kompally, Medchal, Bollarum, Trimulgherry, and Suraram. Through its diversified product portfolio, IKF Home Finance will offer Housing loans for Purchase, self-construction, Home Improvement, and Small Ticket MSME loans backed by collateral to the target segment.
Speaking at the inauguration of the branch, Smt. Mothe Srilatha Shoban Reddy, Deputy Mayor – Greater Hyderabad Municipal Corporation said, “I am extremely delighted to be launching the 50th branch of IKF Home Finance. IKF Home Finance brings a great legacy in serving its customers with finance solutions, a track record of trust & reliability, and a promise of quality, transparency, and innovation. People who have a dream of building an affordable housing unit yet do not have the finances to support their dream can come to IKF Home Finance. The processes here are simple, hassle-free, and quick, offering not just financial assistance, but also a happy experience of making dreams a reality through the support they offer to their customers. I wish the entire management and team of IKF Home Finance all the good luck as they start this new branch on this auspicious occasion”
The path adopted by the company is to provide flexible financial assistance to their customers. Led by an exceptionally qualified, experienced, and dedicated team of professionals, who understand the needs of the segment IKF Home Finance comes with expertise in Finance, Project Management, Customer Services, and Market Development.
Expressing her joy at the opening of the new branch Smt. Vasantha Lakshmi, Managing Director - IKF Home Finance Limited said, “It gives us immense joy to be launching our 50th branch in Kompally. We thank the Hon’ble Deputy Mayor for accepting our invitation and inaugurating our new branch. As a company, we have come thus far and we take pride in carrying forward the legacy. Our unique income assessment underwriting model at our branch will help a large section of the self-employed customer base to avail of finance assistance & MSME loans. Small-time business people who have low bookkeeping and at the same time has loan servicing ability can avail our services the most. There is also a demand from employees-category working in industrial and business firms who get their salary through bank. We tend to cater to such customers who are in a need and this enables us to strongly believe that a housing loans provided to them in the right time will act as a binding factor for their families. Our motto as an entity is to serve the underserved.”